Imperial Brands (IMB) Reaches New 1-Year Low at $2,145.23

Imperial Brands PLC (LON:IMB) shares reached a new 52-week low on Monday . The stock traded as low as GBX 2,145.23 ($28.03) and last traded at GBX 2,163.50 ($28.27), with a volume of 108453 shares traded. The stock had previously closed at GBX 2,162 ($28.25).

Several research analysts have recently weighed in on IMB shares. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 3,400 ($44.43) price target on shares of Imperial Brands in a report on Friday, February 22nd. Credit Suisse Group set a GBX 3,350 ($43.77) price target on shares of Imperial Brands and gave the stock a “buy” rating in a report on Monday, February 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Imperial Brands in a report on Thursday, January 24th. Liberum Capital reaffirmed a “buy” rating on shares of Imperial Brands in a report on Wednesday, January 23rd. Finally, Citigroup raised shares of Imperial Brands to a “buy” rating and upped their price target for the stock from GBX 2,700 ($35.28) to GBX 3,000 ($39.20) in a report on Thursday, March 28th. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 3,054.29 ($39.91).

The company has a market cap of $20.33 billion and a P/E ratio of 13.19. The company has a debt-to-equity ratio of 241.51, a current ratio of 0.68 and a quick ratio of 0.32.

The company also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, August 22nd will be paid a GBX 31.28 ($0.41) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a yield of 1.34%. Imperial Brands’s dividend payout ratio is presently 1.61%.

In related news, insider Matthew Phillips sold 4,235 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of GBX 2,640 ($34.50), for a total value of £111,804 ($146,091.73).

TRADEMARK VIOLATION NOTICE: This piece was first posted by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The legal version of this piece can be viewed at

Imperial Brands Company Profile (LON:IMB)

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

See Also: What is Green Investing?

Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with's FREE daily email newsletter.